WiMi Capital Stock vs Accounts Payable Analysis

WIMI Stock  USD 0.85  0.01  1.19%   
WiMi Hologram financial indicator trend analysis is more than just analyzing WiMi Hologram Cloud current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WiMi Hologram Cloud is a good investment. Please check the relationship between WiMi Hologram Capital Stock and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiMi Hologram Cloud Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WiMi Hologram's Capital Stock and Accounts Payable is -0.02. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of WiMi Hologram Cloud, assuming nothing else is changed. The correlation between historical values of WiMi Hologram's Capital Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of WiMi Hologram Cloud are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Stock i.e., WiMi Hologram's Capital Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Accounts Payable

An accounting item on the balance sheet that represents WiMi Hologram obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of WiMi Hologram Cloud are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from WiMi Hologram's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WiMi Hologram Cloud current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of now, WiMi Hologram's Selling General Administrative is increasing as compared to previous years. The WiMi Hologram's current Sales General And Administrative To Revenue is estimated to increase to 0.38, while Tax Provision is forecasted to increase to (2.4 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization19.7M12.2M2.2M2.1M
Interest Income3.4M3.7M13.7M14.4M

WiMi Hologram fundamental ratios Correlations

-0.84-0.19-0.080.99-0.850.920.540.97-0.98-0.580.050.980.280.860.8-0.710.940.27-0.490.890.870.65-0.810.770.81
-0.840.1-0.19-0.880.98-0.91-0.63-0.760.860.65-0.31-0.82-0.02-0.73-0.780.95-0.88-0.190.6-0.85-0.84-0.790.99-0.83-0.51
-0.190.10.74-0.270.130.080.61-0.110.22-0.57-0.51-0.25-0.78-0.090.30.16-0.02-0.31-0.630.00.150.210.14-0.41-0.47
-0.08-0.190.74-0.1-0.120.130.46-0.020.13-0.47-0.21-0.17-0.55-0.080.22-0.230.13-0.03-0.470.30.210.34-0.14-0.14-0.31
0.99-0.88-0.27-0.1-0.90.920.520.94-0.98-0.540.160.970.280.820.76-0.780.930.31-0.460.880.840.67-0.860.830.8
-0.850.980.13-0.12-0.9-0.9-0.61-0.770.850.59-0.35-0.82-0.02-0.67-0.740.96-0.85-0.270.57-0.8-0.78-0.770.99-0.84-0.55
0.92-0.910.080.130.92-0.90.810.86-0.92-0.820.090.9-0.090.80.93-0.780.950.15-0.770.890.940.85-0.870.780.53
0.54-0.630.610.460.52-0.610.810.52-0.55-0.96-0.060.51-0.630.510.88-0.50.7-0.12-0.990.630.780.85-0.590.450.03
0.97-0.76-0.11-0.020.94-0.770.860.52-0.95-0.54-0.020.960.290.870.78-0.60.920.17-0.460.860.850.57-0.70.660.86
-0.980.860.220.13-0.980.85-0.92-0.55-0.950.59-0.11-1.0-0.27-0.92-0.840.7-0.95-0.120.51-0.85-0.9-0.650.81-0.79-0.77
-0.580.65-0.57-0.47-0.540.59-0.82-0.96-0.540.590.2-0.540.51-0.62-0.910.48-0.730.150.97-0.69-0.85-0.80.59-0.42-0.05
0.05-0.31-0.51-0.210.16-0.350.09-0.06-0.02-0.110.20.1-0.05-0.06-0.08-0.410.140.030.060.05-0.030.37-0.330.620.0
0.98-0.82-0.25-0.170.97-0.820.90.510.96-1.0-0.540.10.320.910.81-0.660.930.13-0.460.840.880.61-0.780.770.81
0.28-0.02-0.78-0.550.28-0.02-0.09-0.630.29-0.270.51-0.050.320.28-0.22-0.010.050.250.660.09-0.04-0.45-0.020.080.68
0.86-0.73-0.09-0.080.82-0.670.80.510.87-0.92-0.62-0.060.910.280.86-0.490.87-0.23-0.510.750.910.5-0.640.580.66
0.8-0.780.30.220.76-0.740.930.880.78-0.84-0.91-0.080.81-0.220.86-0.570.89-0.2-0.870.780.970.78-0.710.580.38
-0.710.950.16-0.23-0.780.96-0.78-0.5-0.60.70.48-0.41-0.66-0.01-0.49-0.57-0.71-0.370.46-0.73-0.64-0.710.98-0.78-0.41
0.94-0.88-0.020.130.93-0.850.950.70.92-0.95-0.730.140.930.050.870.89-0.710.09-0.670.940.960.81-0.80.810.65
0.27-0.19-0.31-0.030.31-0.270.15-0.120.17-0.120.150.030.130.25-0.23-0.2-0.370.090.210.3-0.10.11-0.280.280.35
-0.490.6-0.63-0.47-0.460.57-0.77-0.99-0.460.510.970.06-0.460.66-0.51-0.870.46-0.670.21-0.59-0.77-0.840.55-0.410.05
0.89-0.850.00.30.88-0.80.890.630.86-0.85-0.690.050.840.090.750.78-0.730.940.3-0.590.890.78-0.780.750.62
0.87-0.840.150.210.84-0.780.940.780.85-0.9-0.85-0.030.88-0.040.910.97-0.640.96-0.1-0.770.890.77-0.760.670.5
0.65-0.790.210.340.67-0.770.850.850.57-0.65-0.80.370.61-0.450.50.78-0.710.810.11-0.840.780.77-0.750.80.17
-0.810.990.14-0.14-0.860.99-0.87-0.59-0.70.810.59-0.33-0.78-0.02-0.64-0.710.98-0.8-0.280.55-0.78-0.76-0.75-0.81-0.48
0.77-0.83-0.41-0.140.83-0.840.780.450.66-0.79-0.420.620.770.080.580.58-0.780.810.28-0.410.750.670.8-0.810.5
0.81-0.51-0.47-0.310.8-0.550.530.030.86-0.77-0.050.00.810.680.660.38-0.410.650.350.050.620.50.17-0.480.5
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WiMi Hologram Account Relationship Matchups

WiMi Hologram fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets563.5M1.2B1.5B1.3B1.0B1.0B
Short Long Term Debt Total87.0M101.1M90.4M44.1M49.9M98.1M
Other Current Liab11.9M15.5M35.6M23.3M171.6M180.1M
Total Current Liabilities122.1M132.2M91.8M109.1M233.5M137.3M
Total Stockholder Equity422.7M997.2M1.3B1.1B753.0M769.6M
Other Liab115.0M2.6M7.8M5.3M4.7M4.5M
Net Tangible Assets(72.7M)43.1M559.8M959.2M1.1B1.2B
Property Plant And Equipment Net769.5K2.2M28.1M25.6M92.7M97.3M
Current Deferred Revenue503.6K10.5M21.9M11.2M10.4M8.8M
Net Debt(42.0M)(253.9M)(661.5M)(528.7M)(288.3M)(302.7M)
Retained Earnings229.2M76.2M(164.3M)(518.0M)(940.3M)(893.3M)
Accounts Payable38.7M27.4M28.0M25.3M30.2M23.7M
Cash129.0M355.0M751.9M572.8M338.2M363.2M
Non Current Assets Total386.0M556.0M597.2M590.3M173.3M164.6M
Non Currrent Assets Other1.2M2.3M147.9M144.0M69.1M57.5M
Other Assets845.0K1.2M2.3M147.9M170.1M178.6M
Long Term Debt16.0M22.7M67.1M36.0M32.4M51.0M
Cash And Short Term Investments129.0M387.9M785.4M611.2M773.8M448.2M
Net Receivables36.1M176.6M26.2M25.4M34.2M43.5M
Good Will351.3M352.1M396.2M277.0M243.3M0.0
Common Stock Shares Outstanding59.3M64.7M83.5M86.1M87.2M78.4M
Liabilities And Stockholders Equity563.5M1.2B1.5B1.3B1.0B1.0B
Non Current Liabilities Total18.7M31.2M73.8M1.9M36.0M34.2M
Other Current Assets12.3M47.8M29.5M31.0M49.7M29.7M
Total Liab140.8M163.4M165.6M111.0M269.5M172.1M
Net Invested Capital509.7M1.1B1.4B1.1B802.5M867.3M
Long Term Investments4.4M114.1M116.4M170.6M11.5M10.9M
Property Plant And Equipment Gross769.5K2.2M31.2M30.1M97.6M102.5M
Total Current Assets177.5M616.4M907.8M670.1M857.7M549.2M
Accumulated Other Comprehensive Income25.3M(11.4M)(26.4M)16.9M85.1M89.4M
Net Working Capital55.4M484.2M816.1M561.0M624.2M411.8M
Short Term Debt71.0M77.8M21.8M43.9M13.9M13.2M
Intangible Assets27.5M41.2M27.9M6.7M6.0M5.7M
Property Plant Equipment1.3M769.5K2.2M28.1M32.3M33.9M

Currently Active Assets on Macroaxis

When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WiMi Hologram. If investors know WiMi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WiMi Hologram listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
(0.65)
Revenue Per Share
6.558
Quarterly Revenue Growth
0.098
Return On Assets
(0.09)
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.